Required information (The foffowing Information applies to the questions displayed bellow} On January 1, 2021, Frontier World issues $40.8 million of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. Req u ired: 1-a. If the market rate is 6%, calculate the issue price. [FV of $1, PV of $1, FVA of $1, and PVA of $1] [Use appropriate factor{s} from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in millions. Round "Market interest rate'l to 1 decimal place. Round your nal answers to the nearest whole dollarJ Face amount 40,800,000 Interest payment Periods to maturity Market interest rate Issue price 1-b. The bonds will issue at O A Discount 0 A Premium 0 Face amount Required information {T he r'oiiowing information applies to the questions dispiayed below] On Januaryf 1, 2021, Frontier World issues $40.8 million of?% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. 2-a. If the market rate is 7%, calculate the issue price. {FV of $1, PV of $1 FVA of $1, and PVA of $1) {Use appropriate factoris) from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in millions. Round "Market interest rate" to 1 decimal place. Round your nal answers to the nearest whole dollar.) 5 40,800,000 Face amount Interest payment Periods to maturity Ma rket interest rate Issue price 2-1:. The bonds will issue at O A Discount 0 A Premium 0 Face amount Required information {The foilowing Information applies to the questions displayed below] On January 1, 2021, Frontier World issues $40.8 million of?% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. 3-a. If the market rate is 8%, calculate the issue price. {FV of $_1, PV of $_1, FVA of $1, and PVA of $1} [Use appropriate factor{s} from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in millions. Round "Market interest rate" to 1 decimal place. Round your nal answers to the nearest Iwhole dollar.) Face amount 40,800,000 Interest payment Periods to maturity Market interest rate Issue price 3-b. The bonds will issue at O A Discount 0 A Premium 0 Face amount
